In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on Manhattan Bridge Capital (LOAN), with a price target of $6.00. The company’s shares closed last Monday at $5.69, equals to its 52-week high of $5.69.
According to TipRanks.com, Diana is a 5-star analyst with an average return of 14.0% and a 55.7% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Westamerica Bancorporation, and Pennantpark Floating Rate.
Manhattan Bridge Capital has an analyst consensus of Moderate Buy, with a price target consensus of $6.00.
See today’s analyst top recommended stocks >>
Manhattan Bridge Capital’s market cap is currently $54.74M and has a P/E ratio of 12.20. The company has a Price to Book ratio of 1.63.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Manhattan Bridge Capital, Inc. engages in originating, servicing, and managing a portfolio of first mortgage loans. It offers short-term, secured, non-banking loans to real estate investors to fund their acquisition and construction of properties located in the New York Metropolitan area. The company was founded by Assaf N. Ran in 1989 and is headquartered in Great Neck, NY.
